Specialises in Inter-market Analysis. Invest in bonds, dividend yielding stocks and reits. Trades in forex, stocks, futures, gold and oil.
This level was previously a significant resistance in 2021, 2022, and 2023 and has now turned into a support, a classic role-reversal pattern in technical analysis.
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In this video, I shared how to strategically buy Tesla by analyzing price trends, identifying bullish reversal signals like “higher lows” and breakouts, and using “TAD” to confirm trend shifts.
I also introduced an alternative way for Asian investors to trade Tesla through Daily Leverage Certificates (DLCs), showcasing how they can achieve leveraged gains while navigating key resistance levels.
How to catch Tesla at Its Low—Before the Next Big MoveIn this video, I shared how to strategically buy Tesla by analyzing price trends, identifying bullish reversal signals like “higher… YOUTU.BE |
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A 6.8% return instead of 1.7% index gain on Nasdaq100
The image shows the performance of the NASDAQ call warrant 18500MBeCW250919 (VUBW) from 13 May 2025 to 19 May 2025. During this 6-day period:
– Underlying index (NASDAQ) rose from 20,860.75 to 21,212.75 — a gain of 1.7%
– Warrant price increased from 0.22 to 0.235 — a gain of 6.8%
Why the Warrant Gained More Than the Index:
1. Leverage Effect: Warrants are leveraged instruments. A small percentage change in the underlying can lead to a larger percentage change in the warrant’s price. This magnifies gains (or losses).
2. Gearing Ratio: The lower the warrant price relative to the underlying, the higher the gearing. This enhances the percentage return of the warrant for a given movement in the index.
In summary, the warrant’s 6.8% return vs the 1.7% index gain reflects the amplified price movement due to leverage, a typical feature of structured warrants.
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>23 years in the industry.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐫𝐚𝐩 (𝐖𝐞𝐞𝐤 𝐞𝐧𝐝𝐞𝐝 𝟐𝟑/𝟓/𝟐𝟓)
𝐖𝐡𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐓𝐚𝐧𝐠𝐨 𝐛𝐮𝐭 𝐃𝐨𝐧’𝐭 𝐓𝐰𝐢𝐫𝐥
The 𝐒𝐓𝐈 $STI(STI.SI) danced sideways again this week. Uninspiring, just like a lukewarm kopi. After teasing the 3900 mark early on, it flirted with a breakout but retreated just as quickly, staying boxed in a tight 3857–3903 range. In the end, it chalked up a slight loss of just 0.04% to end the week at 3882, barely enough to jolt any excitement.
𝐇𝐢𝐝𝐝𝐞𝐧 𝐆𝐞𝐦 𝐍𝐨 𝐌𝐨𝐫𝐞
If 𝐒𝐈𝐀 𝐄𝐧𝐠𝐠 (𝐒𝟓𝟗) $SIA Engineering(S59.SI) was a “hidden gem” last week, well, it looks like the gem has been found and polished! Building on last week’s impressive 7.4% climb, it soared from $2.43 to as high as $2.58 before settling at 1 bid lower at $2.57. Since 9 April, it has rocketed 37.4%, proving that what was once overlooked is now clearly in the spotlight. In the week, SIA Engg had announced that it had inked a S$1.3 billion deal to service SIA and Scoot fleets of aircraft.
𝐅𝐮𝐞𝐥𝐥𝐞𝐝 𝐛𝐲 𝐎𝐧𝐞-𝐎𝐟𝐟𝐬, 𝐓𝐡𝐞 𝐏𝐥𝐚𝐧𝐞 𝐓𝐚𝐤𝐞𝐬 𝐎𝐟𝐟
𝐒𝐈𝐀 (𝐂𝟔𝐋) $SIA(C6L.SI) had a decently good week despite mixed results last. While FY2025 net profit was at record, it was bolstered by non-recurring items. Operating profit was down, suggesting “business” was actually worse off, regardless whether it is 2H or FY. But price continued to climb slowly to a YTD high of $7.10 after breaking the resistance of $7.00.
𝐑𝐢𝐧𝐠, 𝐑𝐢𝐧𝐠… 𝐌𝐫. 𝐁𝐮𝐥𝐥 𝐢𝐬 𝐜𝐚𝐥𝐥𝐢𝐧𝐠!
After a wobbly week, 𝐒𝐢𝐧𝐠𝐓𝐞𝐥 (𝐙𝟕𝟒) $Singtel(Z74.SI) dialed up a strong rebound to hit a 5-year high of $4.00, but just unable to break that elusive psychological level. It ended the week at $3.88, up 2%. The big buzz was a jaw-dropping 405% surge in FY2025 net profit, powered by a one-off gain from the partial divestment of its Comcentre HQ. Even after stripping out the headline boost, underlying net profit still rose a healthy 9% y-o-y, showing that this telco isn’t just flexing with flash, but backed by real muscle across its operations. Still, what really got investors to sit up and take notice was the headline-grabbing $2 billion buyback programme, a signal that management is putting its money where its market cap is.
𝐓𝐫𝐢𝐦𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐚𝐭, 𝐑𝐢𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐁𝐮𝐥𝐥!
Another stellar week for 𝐇𝐨𝐧𝐠𝐤𝐨𝐧𝐠𝐋𝐚𝐧𝐝 (𝐇𝟕𝟖) $HongkongLand USD(H78.SI), as it strutted to a fresh 3-year high of 5.29. After a brief stumble on Monday to as low as $5.06, the stock picked itself up and rallied to close the week at $5.27, chalking up a 1.7% weekly gain. The boost was a share buyback announcement, with plans to trim the group’s share capital (repurchased shares will be cancelled), slimming down the float.
Happy weekend!
Cheers!
Dan
Disclaimers: tinyurl.com/dan-disclaimer
#weeklywrap #tradeSGX #poems #danccs
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If you think Dan can value add to your investment journey, click here: tinyurl.com/TTP-dan
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Analysts are bullish on banking and communications stocks; uncertain outlook for consumer sector
Source:
https://www.businesstimes.com.sg/companies...
[SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per cent.
The local market has recorded such outperformance since 2024, pressing on as investor allocations shifted more defensively amid higher global trade uncertainties this year.
“Singapore’s defensive qualities and high dividend yields position it well to cope with geopolitical and trade uncertainties that are likely to persist in an increasingly multipolar world,” wrote the analysts in their Singapore Equity Strategy Mid-year Outlook on Thursday (May 22).
Singapore also remains one of their most preferred markets in Asia, with city-state ranking just behind India, in Morgan Stanley’s Asia/Emerging Markets equity strategy team’s market allocation framework.
Their MSCI Singapore index target has been raised by 13 per cent to 2,150 as well, which implies a 13 per cent upside and 17 per cent total return in the next 12 months.
“We see outperformance enduring, as above-trend multiples are well supported by flights to safety, especially during bouts of market volatility, and on capital inflows driven by ongoing market reform initiatives,” the analysts said.
Several market reforms by the Monetary Authority of Singapore (MAS) are underway, in a bid to strengthen the Republic’s equities market and its competitiveness, which include regulatory enhancements and tax incentives.
In particular, MAS announced its plans in February of a S$5 billion injection into select actively managed funds that invest in Singapore stocks, to attract capital from other commercial investors.
“While a direct liquidity boost is a bold, unprecedented move from the local authorities, some investors have raised concerns that S$5 billion – equivalent to just 1 to 2 per cent of annual value traded on the Singapore exchange – isn’t particularly large,” wrote the analysts.
Still, they acknowledged how this move by MAS could eventually attract significantly more inflows which cross the S$5 billion mark, with more private capital crowding in and as other measures come into play.
Another initiative highlighted was the Global Investor Programme (GIP), which offers a route to Singapore permanent residency for individuals and their family members. New applicants now have to now deploy part of their family office assets under management (AUM) into Singapore-listed equities.
This applies to eligible applicants with family office AUM of more than S$200 million, who now have to put S$50 million into Singapore-listed equities, compared with a broader range of qualifying investments previously.
“We estimate this alone could drive an incremental S$500 million per annum in inflows to Singapore equities,” noted the Morgan Stanley analysts.
The analysts also stressed that the impact of market reforms such as these are “far from being fully priced in”, as implementation of the first set of measures is still ongoing, with more measures to come in the second half of 2025.
In the analysts’ view, the Singapore Exchange (SGX) is expected to be a natural winner from higher Singapore equity trading volumes with ongoing local market reforms.
“Market volatility has also been supportive of trading volumes as seen in recent market statistics,” they explained. “Additionally, SGX’s performance is historically negatively correlated with interest rates, which we expect to fall in 2026.”
Local banking stocks are perceived in a similarly positive manner. Nick Lord, director of research for the Asean Research Department at Morgan Stanley, has an “equal-weight” rating on both DBS and OCBC.
He has placed an “overweight” call on UOB and a target price of S$38.20, noting its approximate 6 per cent dividend yield in 2025, where the bank has retained its place on Morgan Stanley’s Singapore Focus List.
“With the banks’ commitment in capital returns sustained through share buybacks and higher dividends, meaningful yield support which limits risks to the downside is offered,” the analysts explained.
Meanwhile, Singtel has risen 23 per cent year to date on more defensive allocations amid escalating trade war risks, they observed.
The telco giant recently swung back into the black with a S$2.8 billion H2 net profit, while unveiling a S$2 billion share buyback programme, in addition to its recent US$1.5 billion sale of a 1.2 per cent stake in Bharti Airtel.
Lee Da Wei, analyst at Morgan Stanley, has an “overweight” rating on Singtel and a target price of S$4.20.
“As an index heavyweight, the stock is well positioned to benefit from ongoing Singapore market reforms, and offers exposure to artificial intelligence infrastructure through its data centre business,” the analysts said.
Sea is the second best performing stock in the MSCI Singapore Index, up 53 per cent year to date. It has also risen to become the second-largest stock on the index with a weight of 19 per cent, according to the analysts.
“Potentially benefitting from passive index inflows due to Singapore market reforms, the stock also seems well positioned for an expected fall in US interest rates in 2026, and Asean currency appreciation relative to the US dollar,” they wrote.
As for the property sector, analysts are strong on Capitaland Investment with an “overweight” rating and target price of S$3.55.
“We believe lower interest rates will have a profoundly positive impact on highly interest rate-sensitive asset managers like CapitaLand Investment,” said the analysts.
“The stock has underperformed the broader Singapore index over the past two to three years on a weakening China outlook and higher interest rates, but a reversal of these trends should bode well for the stock.”
Analyst Wilson Ng is “overweight” on Capitaland Ascendas Reit and Capitaland Integrated Commercial Trust, with target prices of S$3.15 and S$2.05 respectively.
“Our most preferred Reit (real estated investment trust) is CapitaLand Ascendas Reit, which is one of three real estate constituents in the MSCI Singapore index, as it plans for data centre redevelopment works and could offer a meaningful path to dividend growth,” the Morgan Stanley analysts wrote.
However, they also noted how “potential value traps” exist in Singapore’s property space as well.
“Both residential developers City Developments and UOL Group derated to record low multiples after being removed from the MSCI Singapore index last year, and we believe could trade at structurally lower multiples here on,” they warned in their May 22 note.
“We expect Singapore housing market fundamentals to further deteriorate in 2025, and would caution against off-benchmark allocations into developers.”
Other counters in the consumer sector such as casino operator Genting Singapore and Wilmar International face “uncertain outlooks” to the analysts, due to industry competition and global macro uncertainties.
Both stocks received “equal-weight” ratings from analysts with target prices of S$0.85 and S$3.50 respectively. Analyst Praveen Choudary cited competition from Marina Bay Sands in the near term and Thailand in the long term as a “threat” to Genting Singapore, on top of its 41 per cent decline in Q1 earnings.
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*Market Update 23/5/25*
𝐒𝐓𝐈: 3880 (-2) | 𝐇𝐒𝐈: 23544 (-283) | 𝐃𝐨𝐰: 41859 (-1) | 𝐒&𝐏: 5842 (-3) | 𝐍𝐚𝐬𝐝𝐚𝐪: 18925 (+53)
𝐓𝐡𝐨𝐮𝐠𝐡𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐃𝐚𝐲
*Hesitation!*
Wall Street hit pause on Thursday, catching its breath after Wednesday’s big tumble. The S&P 500 barely budged, hugging the flatline, as bargain hunters tiptoed back into tech but nerves stayed frayed thanks to the growing elephant in the room: America’s mountain of debt. Big Tech, with Alphabet in the driver’s seat post-Google I/O, tried to rally the troops. Investors kicked the tires after the recent selloff, but the optimism was modest. Meanwhile, in D.C., lawmakers pushed through a controversial tax and spending bill by a single vote in the House. It’s packed with tax breaks and defense boosts, but also trims programs for low-income Americans. Accoding to analysts, it is possibly another $3 to $5 trillion added to the already hefty $36.2 trillion debt. On the data front, jobless claims dipped again, proof the labor market still has some muscle. But broader economic signals look mixed: growth is cooling, with manufacturing flirting with contraction territory.
A debt drama that’s far from over. Stay tuned! The plot is thickening.
*What’s Brewing Today*
*SingTel* surged 2.6% yesterday to close at $3.95 after hitting a 5-year high of $3.99. Have received many enquiries on whether the stock is good to buy. Well, it is a tough one. For sure, it is a good stock. With the share buybacks, the chance of price going higher is there. But the crux of the question is whether it is good at this point in time, when price is already at a 5-year high. $4 seems to be a stubborn wall. So it really has to boil down to individual’s risk tolerance to see if you want to wait for a lower entry point or just grab at current valuation.
Do note that *SATS* is releasing its earnings after the market closes today. Price has been languishing around the $3 mark, with occasional spikes. Let’s see how things pan out! So look out for *SG CPI* today to gauge the “tone” of the market.
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𝑭𝒓𝒐𝒎 𝒕𝒉𝒆 𝑺𝑮𝑿 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑽𝒂𝒖𝒍𝒕
*Industrial Evolution: Adapting to Policies and Innovation*
𝐇𝐚𝐩𝐩𝐞𝐧𝐢𝐧𝐠 𝐓𝐨𝐝𝐚𝐲
SG Earnings & Business Updates
— SATS – Aft Mkt
SG: CPI Core YoY
US: Building Permits, Kansas City Fed Services Activity, New Home Sales, U. of Mich. Sentiment
Source: SGX Academy
===
𝐵𝑒𝑙𝑜𝑤 𝑎𝑟𝑒 𝑠𝑜𝑚𝑒 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑛𝑒𝑤𝑠.
𝐔𝐒 𝐒𝐭𝐨𝐜𝐤𝐬
— *Snowflake* surged after the cloud-based data storage company raised its fiscal 2026 forecast for product revenue, betting on strong demand for its data analytics services as enterprises prioritize artificial intelligence spending.
— *Urban Outfitters* soaring following a stronger-than-expected quarterly report - the second straight quarter of strong revenue gains and the third consecutive quarter of accelerating EPS growth.
— *Analog Devices* rose after the chipmaker beat expectations for quarterly revenue, driven by upbeat demand for its chips used in the automotive and industrial sectors.
— *Nike* rose 2% after the footwear retailer said it is planning to raise prices of some products from next week and will sell items on *Amazon* after six years.
*After-hours movers:*
— *Intuit* rose 8% after it reported solid quarterly results and raised its guidance. The company grew total revenue to $7.8 billion, up 15%.
— *Deckers Brands* fell 13% despite beating quarterly EPS estimates, after guidance missed estimates.
— *Ross Stores* fell 9% despite solid first quarter results, after second quarter EPS guidance missed estimates and its full year forecast was withdrawn due to tariff pressures.
— *Autodesk* rose 2.4% after reporting results that beat consensus.
𝐒𝐆 𝐒𝐭𝐨𝐜𝐤𝐬
— *Yangzijiang Shipbuilding* reports outstanding order book of US$23.2 bil in its 1QFY2025 business update
— *Hongkong Land’s* underlying profit for 1QFY2025 'in line' y-o-y, net debt reduced to US$4.9 bil
https://links.sgx.com/1.0.0/corporate-announcements/IKTH12UXUAKGWBUX/846501_HKLH%20SGX.pdf
— *Metro Holdings* reports fy2025 loss after tax of s$224.7M mainly attributable to non-cash fair value and impairment losses arising from its china real estate exposure
https://links.sgx.com/1.0.0/corporate-announcements/WJOAR5YXH83VGCVO/846549_MHL_NR_FY2025-Final.pdf
— *Aztech Global* has been named the winner of The Enterprise Award at the Singapore Business Awards 20
— *Kimly’s* subsidiary buys Yishun Ring road coffee shop for $11 mil
— *Ascent Bridge* expects to report a net loss for FY2025, mainly due to decrease in revenue in FY2025 as compared to FY2024
— *H2G Green* expects to report a higher net loss for 2H FY2025 compared with the first half of FY2025.
*Earning calendar:*
28/5: Valuetronics^
29/5: Seatrium^
Sources:
Start your investment journey here:
Cheers!
Dan
Disclaimer: https://tinyurl.com/dan-disclaimer
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I focus on trend trading and technical analysis using my 1GT strategy to catch strong uptrends with clear entries and exits. Want to learn it? Join my FREE webinar here: https://bit.ly/1GTLive
Missed today’s session? Catch the full breakdown now!
We covered 18 SG stocks, live 1GT signals & 3 bonus stock picks you’ll want on your radar 📈
Some of the popular stocks includes Singtel, Centurion, Sheng Siong, SGX, Seatrium and many more...
📍 Watch the full replay here: https://www.youtube.com/watch?v=wZ1upm59UTA
Grab a coffee & catch up! ☕
📢 Watch the Replay – SG Stock Market: Ask Me Any Stock!We went live to break down the US stock market, starting with the SG Index, the STI, followed by your… WWW.YOUTUBE.COM |
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$ST Engineering(S63.SI) We had a 1GT Bullish Signal early 2025 that has been playing out ever since, even resiliently holding up during the Apr sell-down
Rebounding from the psychological 7.00 level, buyers looking to be buying close to this key support, 20D Moving Average still looking strong right now.
Upside toward 8.00 target right now, could we see more upside if this level gives way? 😊
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$Food Empire(F03.SI) We had a 1GT Bullish Signal on the 23 Apr and prices have rallied over 30% since then.
Breaking above the 1.60 resistance now turned support as prices continued to show strength toward the 1.80 resistance
20D MA still looking good for now, 2.00 target if 1.80 gives way
Will be monitoring closely if a Bearish Signal appears.. 🙌
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Youtube Live 直播007: | 新加坡股票 Singapore Market| 航哥聊股票 (14.05.2025)
https://www.youtube.com/live/ee5cdOHJSLE?s...
$DBS(D05.SI) $STI(STI.SI) $Rex Intl(5WH.SI)
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V480: 新加坡上扬的蓝筹股和有爆发力的Penny Stocks| Tesla, Nvidia 继续上冲？| 航哥新加坡每周股评 (10.05.2025) #dbs #nvidia #tesla
https://youtu.be/3_ljGnSJrUM?si=-b0CT7Ye2k...
$DBS(D05.SI) $NIO Inc. USD OV(NIO.SI) $SATS(S58.SI)
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Kenny Loh possesses deep and well-rounded investment expertise, combining fundamental analysis (FA), technical analysis (TA), and macroeconomic insights to construct and manage robust, diversified portfolios. His approach integrates both traditional and alternative investments to meet a wide range of client objectives.
In addition to his proficiency in equities, bonds, REITs, and ETFs, Kenny is also well-versed in alternative investment strategies. He holds a Certificate in Alternative Investments from Harvard Business School and has hands-on experience with private equity, private credit, trade financing, hedge funds, and digital funds.
As a MAS-licensed and fully qualified Wealth Advisory Director, Kenny is authorized to advise on the full spectrum of regulated investment products. He specializes in designing tailored investment portfolios that align with individual risk profiles and long-term financial goals.
🪙 CapitaLand Ascott Trust - S$260,000,000 4.20 Per Cent Subordinated Perpetual Securities Issued Under Its S$2,000,000,000 Multicurrency Debt Issuance Programme
🪙 ESR-REIT continues daily unit buy-back
🪙 IREIT Global - Debt - Listing Confirmation - SGD85,000,000 In Aggregate Principal Amount Of 6.00 Per Cent. Fixed Rate Green Notes Due 2028
🪙Mapletree Pan Asia Commercial Trust - Entered into a facility agreement today (the “Facility”) of S$150,000,000
🪙Singapore REITs Monthly Update (18 May 2025)
See detail announcements here:
https://reitsavvy.com/insights/s-reits-wee...
$CapLand Ascott T(HMN.SI) $ESR-REIT(J91U.SI) $IREIT Global EUR(8U7U.SI) $IREIT Global SGD(UD1U.SI) $Mapletree PanAsia Com Tr(N2IU.SI)
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For Singaporeans planning for their golden years, crafting a robust retirement portfolio is crucial. While traditional options like stocks and bonds hold merit, Real Estate Investment Trusts (REITs) offer a compelling set of advantages specifically suited to retirement goals. Here are six key reasons why REITs should be a part of your retirement plan in Singapore:
1. Liquidity: Peace of Mind in Uncertain Times
2. High Yield: Amplifying Your Retirement Income Stream
3. Tax Advantages: Keeping More of Your Hard-Earned Money
4. Hassle-Free Management: Enjoy Your Retirement, Not Your Landlord Duties
5. Diversification: Spreading Your Risk Across Sectors and Geographies
6. Capital Gain Potential: Hedging Against Inflation with Real Estate
Read the full article below:
https://engage.fa.com.sg/kennyloh/building...
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Shariah-compliant Real Estate Investment Trusts (REITs), also known as i-REITs, adhere to Islamic principles and laws. Traditional REITs allow investors to pool their money to own shares in income-producing properties like office buildings, shopping centers, and apartments. However, for a REIT to be Shariah-compliant, it must avoid investments in activities prohibited under Shariah law, such as gambling, alcohol, and conventional financial services, ensuring alignment with Islamic ethical standards.
Check out the following article for more detail:
https://engage.fa.com.sg/kennyloh/understa...
There are 7 Singapore Shariah Compliant REITs as of Mar 2025.
Frasers L&C Tr(BUOU.SI)
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